Thoughts

Updated on 2022-08-02 GMT+08:00

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Huawei has encountered the following problems with data governance:

Unclear data management responsibilities mean that no one is responsible when issues occur.
A variety of different data sources result in data that is inconsistent and untrustworthy.
Massive data migration causes repeated IT investment.
A lack of standard definitions makes data difficult to understand and use.
Inconsistent statistical rules for the reports released by each department make it difficult for business departments to make decisions.
A diversity of data forms, rapid data growth, and complicated processing logic, increase the cost of investment.

During the process of digital transformation, Huawei has been able to resolve these issues. Huawei recognizes that only a complete data governance system can ensure qualified data, effective exploration of data value, and improved competitiveness.

High-Quality Data Powers Business Innovation

Nowadays, enterprises not only compete for market share within a given domain but also compete to develop new domains, which means innovation is even more important than before. To innovate, enterprises need to use technologies to develop and take advantage of their data assets. Data is a powerful driving force for enterprises seeking effective innovation.

However, problems faced by enterprises include data redundancy, a lack of unified standards, and low data quality.

Enterprise IT systems have seen their data expand rapidly over time, and the massive amount of data scattered across different locations makes utilization and management difficult. No unified business perspective is available for enterprises to view their data. There are only independent systems. Enterprises typically do not even know where to obtain standardized data or how each system connects to other systems.

Data Is the Key to Compete for High-Quality Customers

Data is the lifeblood of an enterprise. Whoever has the best data will gain market opportunities. In an increasingly competitive market, all enterprises are competing for high-quality customers. Senior executives are racking their brains, thinking about how to formulate the right business strategies. Accurate data analysis determines the source and utilization of every budget and every management decision. If data analysis is not accurate, it cannot deliver competitive advantages that can help win the day in today's fiercely competitive environment.

Figure 1 Thoughts on Huawei data governance